Ctrip.Com International Ltd (CTRP) Holdings Raised by Trinity Street Asset Management LLP

Trinity Street Asset Management LLP boosted its position in shares of Ctrip.Com International Ltd (NASDAQ:CTRP) by 12.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,294,089 shares of the company’s stock after purchasing an additional 144,900 shares during the period. Ctrip.Com International accounts for approximately 8.4% of Trinity Street Asset Management LLP’s portfolio, making the stock its 3rd largest holding. Trinity Street Asset Management LLP’s holdings in Ctrip.Com International were worth $35,018,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Capital World Investors raised its holdings in Ctrip.Com International by 30.7% in the 3rd quarter. Capital World Investors now owns 18,667,452 shares of the company’s stock valued at $693,869,000 after buying an additional 4,384,893 shares during the last quarter. BlackRock Inc. grew its position in Ctrip.Com International by 5.6% in the 3rd quarter. BlackRock Inc. now owns 18,095,688 shares of the company’s stock valued at $672,619,000 after purchasing an additional 967,607 shares during the period. Vanguard Group Inc. grew its position in Ctrip.Com International by 1.9% in the 3rd quarter. Vanguard Group Inc. now owns 13,410,537 shares of the company’s stock valued at $498,469,000 after purchasing an additional 255,314 shares during the period. Vanguard Group Inc grew its position in Ctrip.Com International by 1.9% in the 3rd quarter. Vanguard Group Inc now owns 13,410,537 shares of the company’s stock valued at $498,469,000 after purchasing an additional 255,314 shares during the period. Finally, Cambiar Investors LLC grew its position in Ctrip.Com International by 8.3% in the 3rd quarter. Cambiar Investors LLC now owns 4,413,251 shares of the company’s stock valued at $164,041,000 after purchasing an additional 336,473 shares during the period. Hedge funds and other institutional investors own 64.83% of the company’s stock.

Several brokerages have weighed in on CTRP. Zacks Investment Research upgraded Ctrip.Com International from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a research note on Tuesday. BidaskClub upgraded Ctrip.Com International from a “sell” rating to a “hold” rating in a research note on Tuesday, December 25th. Mizuho cut Ctrip.Com International from a “buy” rating to a “neutral” rating and set a $31.00 price objective on the stock. in a research note on Wednesday, December 12th. ValuEngine upgraded Ctrip.Com International from a “sell” rating to a “hold” rating in a research note on Wednesday, November 21st. Finally, Oppenheimer restated a “buy” rating on shares of Ctrip.Com International in a research note on Tuesday, November 13th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $40.06.

CTRP stock traded down $0.27 during midday trading on Friday, hitting $29.81. The stock had a trading volume of 227,668 shares, compared to its average volume of 3,468,783. The stock has a market cap of $16.32 billion, a price-to-earnings ratio of 50.84, a PEG ratio of 4.90 and a beta of 1.68. Ctrip.Com International Ltd has a 52-week low of $25.00 and a 52-week high of $51.91. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.29.

Ctrip.Com International (NASDAQ:CTRP) last issued its quarterly earnings results on Wednesday, November 7th. The company reported $0.31 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.06. The company had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Ctrip.Com International had a return on equity of 4.78% and a net margin of 9.73%. During the same period in the prior year, the firm earned $0.41 earnings per share. Equities research analysts expect that Ctrip.Com International Ltd will post 0.74 earnings per share for the current fiscal year.

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Ctrip.Com International Profile

Ctrip.com International, Ltd. operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours, and corporate travel management in China. The company acts as an agent for hotel-related transactions and selling air tickets; and provides other related services, including sale of aviation and train insurance, air-ticket delivery services, online check-in, and other value-added services, such as online seat selection and real-time flight status.

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Institutional Ownership by Quarter for Ctrip.Com International (NASDAQ:CTRP)

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